Overview
- TRX trades near $0.28 after repeated defenses of the $0.27 high‑time‑frame support that aligns with the Point of Control and Value Area Low.
- A three‑drive pattern with higher lows points to fading sell pressure while price remains range‑bound within a developing wedge.
- A sustained rise in buy‑side volume would raise the odds of a rotation toward $0.30–$0.32, with the 50‑day EMA near $0.29 as initial resistance.
- Loss of $0.27 would void the bullish setup and reopen downside risk, with some analyses flagging $0.22–$0.20 as a potential target area.
- Network strength and new integrations, including a Base bridge via LayerZero plus partnerships with Kalshi and Orbiter, are cited as supportive context.